US stock markets closed on Monday with strong gains, as the Dow Jones Industrial Average rose 500 points or 1.2%. The S&P 500 and Nasdaq Composite also posted significant gains, extending their winning streaks to two days for the first time since late March.
The blue-chip index reached session highs in the final hour of trading, with the tech-heavy Nasdaq Composite up 1.3% alongside the S&P 500. Despite a brief pullback at noon ET due to losses in some major technology and consumer discretionary stocks, market breadth remained solid throughout the day.
Volatility remains elevated, but the Cboe Volatility Index has fallen 6.75 points to 30.81, indicating a decrease in market fear compared to its one-year highs above 60. The Dow Jones Industrial Average’s strong gains bring an end to Monday’s trading session.
Source: https://www.barrons.com/livecoverage/stock-market-today-041425